CW Advisors LLC Has $655,000 Holdings in Anheuser-Busch InBev SA/NV $BUD

Key Points

• CW Advisors LLC increased its holdings in Anheuser-Busch InBev SA/NV by 101.6% during the first quarter, owning 10,639 shares worth $655,000 by the end of the period.
• Institutional investors have shown significant interest, with multiple firms like Sequoia Financial Advisors LLC and Pinnacle Financial Partners Inc boosting their positions in the company.
• According to analyst reports, Goldman Sachs upgraded Anheuser-Busch from a "neutral" to a "buy" rating, raising the target price from $70.10 to $88.00.

CW Advisors LLC increased its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 101.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,639 shares of the consumer goods maker's stock after acquiring an additional 5,361 shares during the period. CW Advisors LLC's holdings in Anheuser-Busch InBev SA/NV were worth $655,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. ABC Arbitrage SA purchased a new position in shares of Anheuser-Busch InBev SA/NV in the 1st quarter worth approximately $1,731,000. Sequoia Financial Advisors LLC boosted its stake in shares of Anheuser-Busch InBev SA/NV by 224.7% in the 1st quarter. Sequoia Financial Advisors LLC now owns 25,254 shares of the consumer goods maker's stock worth $1,555,000 after buying an additional 17,476 shares during the last quarter. Merit Financial Group LLC boosted its stake in shares of Anheuser-Busch InBev SA/NV by 31.7% in the 1st quarter. Merit Financial Group LLC now owns 14,635 shares of the consumer goods maker's stock worth $901,000 after buying an additional 3,526 shares during the last quarter. Pinnacle Financial Partners Inc purchased a new position in shares of Anheuser-Busch InBev SA/NV in the 1st quarter worth approximately $2,341,000. Finally, Penserra Capital Management LLC boosted its stake in shares of Anheuser-Busch InBev SA/NV by 24.7% in the 1st quarter. Penserra Capital Management LLC now owns 2,553 shares of the consumer goods maker's stock worth $157,000 after buying an additional 506 shares during the last quarter. Hedge funds and other institutional investors own 5.53% of the company's stock.

Wall Street Analyst Weigh In

BUD has been the topic of a number of research analyst reports. The Goldman Sachs Group upgraded Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $70.10 to $88.00 in a research note on Monday, May 12th. BNP Paribas upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 30th. Finally, Wall Street Zen downgraded Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research note on Sunday, May 18th. Three investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $71.50.

Anheuser-Busch InBev SA/NV Stock Down 0.4%

BUD opened at $62.77 on Wednesday. The company has a 50 day moving average of $65.86 and a 200 day moving average of $64.41. The company has a market cap of $112.80 billion, a PE ratio of 17.63, a price-to-earnings-growth ratio of 1.77 and a beta of 0.79. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $72.13. The company has a current ratio of 0.64, a quick ratio of 0.48 and a debt-to-equity ratio of 0.79.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The consumer goods maker reported $0.98 EPS for the quarter, topping the consensus estimate of $0.94 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 12.16% and a return on equity of 16.21%. The business's revenue was down 2.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.90 earnings per share. On average, sell-side analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.

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